Two Attempts to Extend Economic Model to Socio-Political Issues and Realities

Suleiman I. Cohen

Abstract


Although considered a helpful tool a decade ago, the
specification of the development problem in terms of one aim/one
nation/one actor avoids the issues and is unrealistic. This paper
reports on two models which introduce explicitly social groups as
independent actors. The first model examines the formation of income,
employment, human resources and satisfaction of basic needs for various
social groups. The second model examines the distribution of wealth in a
framework which assigns a more dominant role to a particular group on
other groups. Applications of the models to four countries are briefly
reviewed.

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DOI: https://doi.org/10.30541/v19i4pp.281-310

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